FinancialGuruPH

     The beginning of the year 2019 was full of dreams and goals for me. One of which is to make sure that this year would be a year of investment for me. I always have this thinking that I should take advantage of my time, me being single and full of energy. Though I still have a long way to go, I am still glad for my progress this year.      So, before this year ends, I would like to share my investment portfolio for 2019: 1. Variable Life Insurance / VUL. Life and health insurance is something you want to invest as young as you can as this gives a more affordable premium. At the age of 23, I got my life insurance-linked with an investment with  Sunlife Grepa Financial  (Power Builder 5) in collaboration with my bank  RCBC . In general, VUL is a type of life insurance wherein part of the premium is invested by the fund managers in different kinds of investment fund (depending on your assessed risk appetite*) that has a projected va...

     I began my journey to financial literacy  way back in 2013,  the first time I met Chinkee Tan in one of the seminars in my alma mater.  Since then, I was enlightened on how money works and understand the importance of our mindset, goal-setting and many other factors to be aware of our finances and to achieve financial freedom. And now that I'm already working (#adulting101) I now fully understand why everyone should have one.      So here are some of the "basic" things you must do/know to achieve financial independence: 1. Be aware of your personal finance: As the saying says,   "Personal finance is as personal as it can get". It is unique to each and every one of us because we have different lifestyles. There is no golden rule on how we should budget our own hard-earned money. Though there are some tips or advice we can see online (such as the zero-based budgeting, 10-20-70 rule, 50-30-20 rule, envelope method, etc.) but t...